Related Posts

Tags

Share This

Everyone knows that a patient waiting room in a hospital or medical clinic is a busy place. Staff and doctors are dealing with many things all at once and the stakes are high. The most important thing for everyone is that people’s needs are handled efficiently, their needs are met and the patient is better going out than they were coming in. In other words, the medical practice must be concentrating more on helping the sick and injured patients, and less on client records management and billing.

However, a medical practice is a business and an important concern for every business is client records management and billing. However, you have no time to be an accountant. Revenue Cycle Management will ensure that you are spending more time on patient care and the medical practice rather than the accounting aspects of the business.

Revenue Cycle Management is electronic medical records (EMR) software that is more than a billing system. It’s a patient management system, a patient records system, and yes, a billing system. This software allows you to keep track of that patient and the service needed and provided from the moment the patient makes the first phone call. The software follows the progress from pre-visit to visit, and from billing to financial reconciliation. It also keeps track of the patient’s medical conditions, prescriptions, follow-ups and all that you need to know to serve their needs.

The Revenue Cycle Management software allows you to spend less time on financial matters and more time on the patient care. Because of this software, the business will more easily collect patient information. When the patient initially books the appointment, the software will help you track their insurance, check Creditrepairxp for more insurance and credit help. This saves time during the visit. In the business aspect of your practice, you will collect fees more easily, and reduce costs and waste of time that goes into chasing clients for the money. Without this anxiety and worry, your business will be the best medical practice it can be.

The AMA says that a medical business loses 15% of its revenue due to unpaid bills. In a two physician office with $1 million in expected revenue, that’s $150,000 lost. There are many financial benefits to using the Revenue Cycle Management to maximize your revenue. You will be able to reduce the costs of the business, spending less money on accounting, payroll, employee turnover and related costs. Another good reason is that you will be able to accelerate the revenue coming in. Bills will be paid faster, and cash balances will increase. Every part of the business aspect will run more smoothly, increasing productivity and efficiency. You will be able to focus on patient care and quality, which will also be improved by the ease of information now available in the records management system. You can even use it on your handheld electronic devices, meaning that you will have access to all your patient information no matter where you are.

The pros of using this Revenue Cycle Management software are as mentioned. Records management software increases productivity, reduces costs, accelerates cash flow and maximizes revenue. Documentation will improve and be easily accessible (and legible!) to everyone. It can be accessed from any computer, tablet or smartphone. It will also eliminate some of the time-consuming tasks, such as phone calls to pharmacies, or prescription refill request calls. All patient data can be integrated throughout the system, eliminating mistakes.

The cons are that it does have a bit of a learning curve. Staff at the clinic will all need to learn how to use the Revenue Cycle Management software and to make sure that they enter every important piece of information. This may take a little bit longer, but it certainly leads to better, more efficient documentation.

Software that manages all aspects of the medical practice at one time is just what you need. After all, you are not accountants. Choose the Revenue Cycle Management software that will help you to manage your business like a medical practice. Without the headaches of billings, dealings with pharmacists, insurance companies, and bill collectors, keep it all in one place with Revenue Cycle Management. Your medical practice will grow into all that it can be when you are able to focus all your energy on patient care.

Related Posts

Tags

Share This

It is a wide-known fact that pellet smokers are a clean-burning tool but that doesn’t make it safer than any other heating equipment in your house. Heating equipment is the most common reason behind household fires and one must take extra precautions while using one such equipment inside your home. Here are a few ways in which you can protect your home from catching fire when using a pellet smoker:

Don’t compromise on the quality

One of the most common reasons for house fires when using a pellet smoker is the usage of low-quality pellets. Never go for cheap pellets as they aren’t of good quality and might cause a fire in your house. It is always best to buy pellet from a secondary pellet manufacturer as their pellets are bound to be made from a quality wood. You also need to make sure that you store your pellet carefully, in a dry condition to be able to use them without any incidents.

Clean your pellet smoker regularly

A lot of times fires occur because the fly ash gets trapped in the ash flute or the burn pot’s air holes have become clogged. All these blockages and clogging can cause a fire to build inside the smoker which can then spread to the hopper and cause a serious damage to both your pellet smoker and its surrounding area. This makes it important that you clean your pellet smoker regularly to avoid such blockages and maintain your smoker regularly.

Install a pellet stove battery backup

A lot of times your pellet smoker might start working during a power outage which could be dangerous for you and your home. This is because a lack of electricity means that your smoker is still burning from the inside but its motor is not running. This leads to smoke spreading in the room and leaving a sticky, pungent soot which can enter your lungs and harm you. The best way to prevent this is by installing a pellet stove battery backup which will store the AC power so that when the light turns out, your smoker will work with the help of the backup battery.

Check for damages regularly

Make sure that you get regular professional check-ups for your pellet smoker as this will help you in keeping one step ahead if there are any damages or rusting. Pellet smokers produce creosote which can get accumulated in the exhaust vent and if a fire occurs in this event, it will easily spread to the rest of the house. Cheap pellet smokers are dangerous so, get a regular inspection done to avoid any such risks. Else, you can check best pellet grill 2017 to make your choice make clear and safer.

Maintain clearance from combustibles

Another common cause of house fires is the inadequate clearance from combustibles. You will see the minimum clearance from combustibles, fuel vent, exhaust vent and so in mentioned in your instruction manual. So, make sure you follow this clearance and fit a spark guard at the end of the venting so as to protect the surrounding areas from catching fire.

Related Posts

Tags

Share This

The U.S. recycling market will be faced with a massive issue in the coming years. The number one U.S. export to China is the waste: scrap metal and waste paper. China also buys an incredible amount of our recycled plastics, well over 50% of it. China is now establishing much stricter regulations on imports of recycled materials. Beginning by the end of this year…

They will strictly enforce regulations that prohibit the import of unwashed, post-consumer plastics and they are banning plastics waste in all food-contact plastic bags.

Processing of plastics waste in residential areas will be prohibited.

They will not allow companies to sell unwashed leftover plastic from sorting of imported plastic and paper and they are banning the transfer of imported waste to a company other than that allowed by the import license.

They are inspecting plastic recycling companies and publishing a list of qualified recyclers, as well as publishing a list of companies that fail inspections. Companies who fail the test for environmental protection will not be allowed to import plastic waste.

By tightly regulating their recycling market, which no doubt is needed for their environmental and social preservation, there will surely be some Chinese recyclers that close down and the remaining ones will be burdened with increased costs and requiring higher standards for their imports.

Bails of Mixed Plastics

The implication on the U.S.? This could substantially reduce the market demand for U.S. recycled materials in China which means that recyclers here will have a harder time getting rid of the bails of mixed rigid plastics (strawberry containers, spinach tubs, other odd-shaped containers).

All of this is bad news for U.S. recyclers in the near term.

Here’s my early prediction for how it will go down:

Short-term: U.S. recyclers will be negatively impacted. They’ll have to find another market to sell the materials they normally send to China. That could mean that they send more to landfills in the near-term because there aren’t any other strong, viable markets for those materials right now.

Long-term: U.S. regulation and industry groups need to step up their efforts for pushing for the recycling of non-bottle rigid plastics. The Association for Postconsumer Plastic Recyclers has been doing a great job leading the effort with the Sustainable Packaging Coalition and the Foodservice Packaging Institute also contributing to the cause. Regulation and action by the government are needed though. What’s also needed is an end-market for recycled materials. Essentially, more manufacturers need to demand recycled plastics to use in their products. That means that the economics need to be in favor of choosing a recycled plastic vs a virgin plastic. Regulation can impact that as well as better, more widespread technology for recyclers. If this can be accomplished, we’ll be okay in the long-term.

This is going to be a challenging journey and my guess is that it’s going to get harder before it gets easier.

How consumers can help…

The best thing that the average consumer can do to help the cause is to be vocal with companies about asking for products made from recycled materials. The other thing you can do is be vocal with your local municipality about asking for better recycling programs. Recycling regulation and market demand for recycled materials need to occur in unison for the quickest path towards solving this problem.